Well, this has been a very, very long time in the making. Google has finally unveiled its big Dropbox competitor: Google Drive. You start with 5GB for free, and you can go all the way to 1TB for $50 per month. This is a big deal for many (if you were to use rumouring as a gauge), but all I can think of is this: why on earth would you entrust your files to a company - any company - whose sole interest is extracting money from you, and who, to boot, is subject to crazy American laws?

It's time to hit the 21st century and let floppies, USB sticks and external HDDs die.

I've been using cloud storage with rapidshare since 2007. I also encrypt all my data so the company has no way of knowing what I'm storing. Google is doing a great job with Google Drive. So far the pricing looks way too high. With Rapidshare I'm paying 4EUR p/month for unlimited storage and I'm using about 1TB and growing. For 1TB Google is asking $50!?

If I was Google I'd buy rapidshare. Great infrastructure and super high speeds. Even 1GB file comes in 5min-10min tops.

Also rapidshare has been around for 10 years now. It's been complying with all sorts of laws. Other storage companies like megaupload have been coming and going, but rapidshare has stayed resilient. I give it a low likelihood of the company to disappear.